Takeaway – Chinese – Asian Cuisine

For Sale

·
Sydney CBD

Business Code: M2011

$168,000
+ Estimated Stock (SAV) $3500
Key Features: Well established for 26 years. - Good reputation. - High margins. - Low rent with long lease. - Short trading hours.
State: NSW
Suburb: Sydney
Location: Situated in shopping arcade in large office building of Sydney CBD.
Premises: Well presented shop with an area of 35 m2.
Price not disclosed

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Retirement after 26 years.

Sale Reason

1999

Established

No parking data

Parking

2 owners + one chef + 2 part time servers.

Employees

5 days - 10.00 am to 3 pm.

Trading Hours

8 years lease commenced 30th September 2023 - 3.6% annual increases. - 3 months bond.

Lease

Takeaway selling Chinese / Malaysian hot food. – Has a large hot food bar which serves a large selection of food usually 22 trays daily and also serves fresh cooking by customers orders from a menu. – Open kitchen. – 22 seats inside and outside.

Features

Well established for 26 years. - Good reputation. - High margins. - Low rent with long lease. - Short trading hours.

Potential

Ideal for family business. - Could open Saturday. - Add home delivery

Comments

Misc.- 1 - general business expenses. - First time on market after 26 years. - Keen vendor needs retirement, well priced to sell. - Full training and cooking recipes will be provided. - All business records will be shown on appointments. - Inspection must be through brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$2800
Gross Profit
$7200
Rent
$880
Wages
$2500
Telephone
$20
Insurance
$40
Electricity
$220
Total Expenses
$3870
Estimated Stock
(Additional)
$3500
Net Profit
$3330
Price
$168,000
+ Estimated Stock (SAV) $3500
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